Key Points
- CFO John Deneen Collins sold 20,000 shares on November 14 at an average price of $5.19 for proceeds of $103,800, trimming his stake by 19.64% to 81,814 shares (≈$424,615) per the SEC filing.
- Shares are trading near their 12‑month low (opened at $5.11; 12‑month low $4.84, high $31.20) with a market cap of $51.3M and 50‑/200‑day SMAs of $7.65 and $11.53, reflecting a clear downtrend.
- Analyst sentiment is negative (consensus "Reduce" with one Hold and one Sell), even as institutional ownership is high at 79.83% and some hedge funds have recently adjusted positions.
LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) CFO John Deneen Collins sold 20,000 shares of the business's stock in a transaction on Friday, November 14th. The stock was sold at an average price of $5.19, for a total transaction of $103,800.00. Following the completion of the sale, the chief financial officer directly owned 81,814 shares of the company's stock, valued at approximately $424,614.66. The trade was a 19.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
John Deneen Collins also recently made the following trade(s):
- On Thursday, September 25th, John Deneen Collins sold 29,773 shares of LivePerson stock. The shares were sold at an average price of $9.45, for a total transaction of $281,354.85.
LivePerson Price Performance
Shares of LivePerson stock opened at $5.11 on Wednesday. LivePerson, Inc. has a 12 month low of $4.84 and a 12 month high of $31.20. The stock has a market capitalization of $51.30 million, a P/E ratio of -0.17 and a beta of 1.41. The business has a 50 day simple moving average of $7.65 and a two-hundred day simple moving average of $11.53.
Hedge Funds Weigh In On LivePerson
Several institutional investors and hedge funds have recently bought and sold shares of LPSN. Virtu Financial LLC purchased a new stake in shares of LivePerson in the 1st quarter valued at approximately $26,000. Raymond James Financial Inc. lifted its holdings in LivePerson by 31.3% in the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company's stock valued at $33,000 after acquiring an additional 13,502 shares during the last quarter. XTX Topco Ltd acquired a new position in LivePerson in the second quarter valued at approximately $246,000. Charles Schwab Investment Management Inc. grew its position in LivePerson by 7.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 398,261 shares of the technology company's stock worth $318,000 after acquiring an additional 26,163 shares during the period. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in LivePerson during the third quarter worth $1,849,000. 79.83% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on LPSN shares. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of LivePerson in a report on Thursday, November 13th. Wall Street Zen raised shares of LivePerson from a "sell" rating to a "hold" rating in a research note on Saturday. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce".
View Our Latest Research Report on LivePerson
About LivePerson
(
Get Free Report)
LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.
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